Fulcrum Asset Management, a hedge fund and wealth management business set up by the former chief economist of Goldman Sachs, Gavyn Davies, h...

Fulcrum Asset Management, a hedge fund and wealth management business set up by the former chief economist of Goldman Sachs, Gavyn Davies, has appointed two more ex-Goldman Sachs senior managers to its ranks, according to Financial News.

Hassim Dhoda and David Kaplan join six other former Goldman Sachs colleagues running the Semper Marco hedge fund.

The FN report said Mr Kaplan left Goldman Sachs last June where he was a partner and joined Fulcrum last month. Mr Dhoda left Goldman Sachs in 2004 and has since been working with Tudor Capital, a US hedge fund.

Fulcrum was set up by Mr Davies and Andrew Stevens in 2004. Mr Stevens runs the wealth management part of the business.

Christian Siva-Jothy, the former global head of foreign exchange and proprietary trading at Goldman Sachs, joined Fulcrum in 2005 and now runs its hedge fund business.

The firm has more than £1 billion ($1.73 billion) assets under management and recently closed its Semper Macro hedge fund with $1.3 billion under management.

Mr Davies is one of the best connected hedge fund mangers in the UK, with considerable links to the City of London’s major kingpins as well as top politicians; he is a personal friend of Gordon Brown, the Chancellor of the Exchequer.